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Nov 15, 2012
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ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue, why don't we go through spending? and i'm not -- yes, entitlement reform, but also there's a lot of inefficient and duplicative and whole agencies we don't need. before you talk about revenues, one nickel of rev few, why don't we have the conversation on spending? >> i don't know, larry. it's a tremendous frustration. we've seen this for a long, long time, both parties. we really do need a thorough scrub. and they've done it before. they come up with lots of program cancellations. and they never get through congress. we certainly need enti
ronald reagan was the president. and david stockman, before he turned tail, was the budget director. but you know what? we had a ton of spending cuts. a ton of spending cuts. and i have the scars here on my back to show. >> i know. >> and people just go crazy. you've had the same experience. what i'm saying to you is this. before anybody talks about a dollar of new tax revenue, why haven't we exhausted every dollar of spending cuts? that's what -- before we even get to the revenue,...
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Nov 13, 2012
11/12
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he needed to talk about the jack kemp conservativeism and ronald reagan and larry kudlow conservatism of economic growth of prosperity of bringing people in. reagan that did the big apple nesty in 1988. >> exactly. '86. >> i stand correct. >> we didn't call it amnesty. everybody knew what it was. basically the idea was that, you know, would buy time and buy 20 years. you are not against border security. what do we do with the good folks here now? >> we need that. border security -- in a post-9/11 age, border security is the first priority. >> right. but after that, we immediate to deal with the situation. you know, the -- the so-called illegals, some people don't like calling them that, undocumented individuals, they struggle to get here. they want to be part of the system. they want to earn a living. i don't know if immigrants that come here, legal or illegal, that want to come and go on welfare. they want to work and become part of the system. they want to share in the great american dream. these are republican values. and -- the fact when you look at the exit polls, 70% of asians a
he needed to talk about the jack kemp conservativeism and ronald reagan and larry kudlow conservatism of economic growth of prosperity of bringing people in. reagan that did the big apple nesty in 1988. >> exactly. '86. >> i stand correct. >> we didn't call it amnesty. everybody knew what it was. basically the idea was that, you know, would buy time and buy 20 years. you are not against border security. what do we do with the good folks here now? >> we need that. border...
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Nov 14, 2012
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. >> but in the '80s when you could elect someone like ronald reagan, i'm not sure you can do that again. some of those policies were probably responsible for what happened in the '80s. those aren't going to happen this time. >> no, in the '90s, you mean. >> no, in the '80s. if jimmy carter had been reelected i'm not sure we would've had a great period in the 1980s. i'm not sure it's our birthright to have another great -- >> well, that was the whole thing. >> mike's not going anywhere. we're going to continue our conversation with him. up next, though, stocks you need to have in your portfolio for 2013 regardless of whether the economy spirals off the fiscal cliff. that means growth companies with lots of cash to buy back stock. the details on that next. but first, take a look at shares of abercrombie today. earnings sharply better than the street forecast. a & f raising guidance, stock trading higher on that news. and michael jeffries, the ceo of that company, got that airplane. what's the song they play on the airplane? it says "take me home"? take a look at futures this morning, s&p
. >> but in the '80s when you could elect someone like ronald reagan, i'm not sure you can do that again. some of those policies were probably responsible for what happened in the '80s. those aren't going to happen this time. >> no, in the '90s, you mean. >> no, in the '80s. if jimmy carter had been reelected i'm not sure we would've had a great period in the 1980s. i'm not sure it's our birthright to have another great -- >> well, that was the whole thing. >>...
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Nov 16, 2012
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ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing
ronald reagan's second term. my heart and my best intentions still tell me that's true, but the facts and the evidence tell me it is not. >> the iran contra affair. bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say...
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Nov 15, 2012
11/12
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think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john corn andyn of texas. >> -- senator john cornyn of texas. >> is an honor to serve as the assistant leader on the republican side. we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solve the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward. there is no mystery about that, nor is there any mystery to some of the solutions
think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to...
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Nov 18, 2012
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we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth, ultimately it will lead to more growth. >> but if the president insists and says as he did last friday that this was fought over in the campaign and we fought over rising tax rates the white house tax secretary said the president would veto every bill that extends the current tax rate. if he insists that they go up, what would your recommendation be? >> having looked in two -- having worked in two white houses, first you want a president that can veto the -- the fiscal secretary, first of all. first of all, it was a bit behind the curve. it
we have not touched it since ronald reagan. bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth,...
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Nov 13, 2012
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at ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week we are anticipating a busy travel season once again and the men and women of t.s.a. are standing at the ready to provide the most effective security and the most efficient way. this year we are anticipating over 24 million passengers traveling during the thanksgiving holiday period. and as you know, that can create both challenges and opportunities for the traveling public, especially those who travel infrequently. so part of the reason for being here today is to encourage those infrequent travelers to visit the t.s.a. website, to look for ways they can understand the screening security process in ways that will help all those others in line deal with the longer lines that we usually see. so this has been a busy and i'd say productive year for t.s.a., as we have focused on developing and testing and implementing a number of what we call risk-based security initiatives. things that are enabling us to provide the most eff
at ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week we are anticipating a busy travel season once again and the men and women of t.s.a. are standing at the ready to provide the most effective security and the most efficient way. this year we are anticipating over 24 million passengers traveling during the thanksgiving holiday period. and as you know, that can create both challenges and opportunities for the traveling public, especially those who...
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Nov 14, 2012
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we have not touched it since ronald reagan really . in 1986. we have not done anything to touch our rate in reform our code. this flow of capital, and best of, people, will follow country to have a more competitive environment. we have to reform the tax code. when you do that, you will get more revenue. it is guaranteed. there are some opportunities here. this is an opportunity for us as a country. if you look at the joint tax committee analysis of what tax reform could mean in terms of macroeconomics impacting growth, all will lead to more growth. >> if the president insists and says this was fought over it the to the campaign and we fought over rising tax rates, jay carney said the president would veto any bill that extends the current tax rates. so if he insists tax rates go up for those making over $250,000, what would your recommendation be to the republican conference in the senate? >> i believe it president does have a veto over the press secretary. thank goodness. i let the president's comments better than jay carney's -- i like the pre
we have not touched it since ronald reagan really . in 1986. we have not done anything to touch our rate in reform our code. this flow of capital, and best of, people, will follow country to have a more competitive environment. we have to reform the tax code. when you do that, you will get more revenue. it is guaranteed. there are some opportunities here. this is an opportunity for us as a country. if you look at the joint tax committee analysis of what tax reform could mean in terms of...
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Nov 18, 2012
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ronald reagan decisively won that. we did not want to continue that sad and torn history. it is not like we were naiive about the challenge. for a lot of reasons, not all of them, you know we did not execute. strategicly, myself and others could have done a better job. the president said that he had an off night. it is not like we had one glaring mistake. but not a solid performance. governor romney had a strong performance and we knew that. even when he took a flyer against ted kennedy. he dominated the debate performance. we knew it was a strength of governor romney. just showing up on the stage and, you know, he was going to come out of the debate like that. we knew that. he was too low. romney is always go to get 47 and 48 and 49 in states like virginia and florida and virginia. we were not go to win the first debate. he was the only person on that stage that had something to gain out of the first debate. but obviously we had a poor performance and he had a very strong performance. we said it publicly and most did not believe at the time. i think it is now the truth. t
ronald reagan decisively won that. we did not want to continue that sad and torn history. it is not like we were naiive about the challenge. for a lot of reasons, not all of them, you know we did not execute. strategicly, myself and others could have done a better job. the president said that he had an off night. it is not like we had one glaring mistake. but not a solid performance. governor romney had a strong performance and we knew that. even when he took a flyer against ted kennedy. he...
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Nov 12, 2012
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reagan. what advice would you give the president. guest: i would say three things. mr. president you won, be strong and mr. president go for broke. deal from strength. you're never going to have to run for reelection so go to the wall on every issue you believe in. host: including entitlement and social security. guest: i don't know what you mean by entitlement reform if you mean fixing them that's what president obama believes, yes, yes yes. and i would say there were some issues in the first term where i was disappointed. let's take climate change president obama didn't go up to congress and fight for a strong bill. now the white house will tell you we didn't do it because we didn't have the votes. to me that's giving up before you fight the fight. i think on climate change and immigration reform and entitlement reform on this fiscal cliff on the tax break for 98% of meshes, on a balanced approach to fixing our fiscal crisis the president has to go up there and fight every fight. have steel
reagan. what advice would you give the president. guest: i would say three things. mr. president you won, be strong and mr. president go for broke. deal from strength. you're never going to have to run for reelection so go to the wall on every issue you believe in. host: including entitlement and social security. guest: i don't know what you mean by entitlement reform if you mean fixing them that's what president obama believes, yes, yes yes. and i would say there were some issues in the first...
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ronald reagan sent over 200 marines to their death and there was no public outrage. where is the republican outrage? only because of obama do we get this kind of reaction. thank you. host: edward, from miami, florida, this morning. another editorial, from being west, former infantryman. host: that is from the former assistant secretary of defense. we're taking your calls on this issue. b.j., good morning. caller: good morning. my question is, who is joe kelly? why would brought well be sending her threatening e-mails? -- broadwell be sending her a threat in e-mails? host: do you think the senate needs to hold a hearing on this? caller: absolutely. i look forward to his testimony under oath this time, rather than giving the cock and bull story from before. it is all because of the video tape. now he cannot be blackmailed by anyone. host: joe kelly is described as a 37-year-old social liaison at the air force base in tampa. host: did he have an affair with her? is that when he was so upset? -- caller: did he have an affair with her? is that why he was so upset? host: d
ronald reagan sent over 200 marines to their death and there was no public outrage. where is the republican outrage? only because of obama do we get this kind of reaction. thank you. host: edward, from miami, florida, this morning. another editorial, from being west, former infantryman. host: that is from the former assistant secretary of defense. we're taking your calls on this issue. b.j., good morning. caller: good morning. my question is, who is joe kelly? why would brought well be sending...
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Nov 14, 2012
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think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward. and we look forward to being a part of the solution to these significant problems. it's my plesh shoe now to turn to our newly elected whip, senator john cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip. the assistant leader on the republican side. as leader mcconnell said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame duck. we know what those are going forward.
think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way...
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Nov 16, 2012
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it should have never been left -- you can thank ronald reagan and margaret thatcher for doing it. host: this morning, jodie writes in on twitter, the b.p. disaster was made by bip it. there were safety regulars that were ignored. they know what they were doing before it blew up. we'll go to chad now from farmington, new mexico on the republican line. chad, thanks for calling. caller: yeah, thanks for having me. love what you guys have going on. sorry to say but i am a republican. i just had a question, since they already gave you the projected numbers for what they plan on spending everything on, does that show that they just don't plan on giving anybody, any people that were actually affected any money at all? host: what do you mean by that? caller: like, since they already gave the projected numbers of how much money they're spending on each individual group that they gave money to, do they plan on those groups giving the money to the people that actually were affected by it? host: i'll point you back to the "new york times" graphic on this. b.p. has set aside $42 billion to cov
it should have never been left -- you can thank ronald reagan and margaret thatcher for doing it. host: this morning, jodie writes in on twitter, the b.p. disaster was made by bip it. there were safety regulars that were ignored. they know what they were doing before it blew up. we'll go to chad now from farmington, new mexico on the republican line. chad, thanks for calling. caller: yeah, thanks for having me. love what you guys have going on. sorry to say but i am a republican. i just had a...
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ronald reagan sent over 200 marines to their death and there was no public outrage. where is the republican outrage? only because of obama do we get this kind of reaction. thank you. host: edward, from miami, florida, this morning. another editorial, from being west, former infantryman. host: that is from the former assistant secretary of defense. we're taking your calls on this issue. b.j., good morning. caller: good morning. my question is, who is joe kelly? why would brought well be sending her threatening e-mails? -- broadwell be sending her a threat in e-mails? host: do you think the senate needs to hold a hearing on this? caller: absolutely. i look forward to his testimony under oath this time, rather than giving the cock and bull story from before. it is all because of the video tape. now he cannot be blackmailed by anyone. host: joe kelly is described as a 37-year-old social liaison at the air force base in tampa. host: did he have an affair with her? is that when he was so upset? -- caller: did he have an affair with her? is that why he was so upset? host: d
ronald reagan sent over 200 marines to their death and there was no public outrage. where is the republican outrage? only because of obama do we get this kind of reaction. thank you. host: edward, from miami, florida, this morning. another editorial, from being west, former infantryman. host: that is from the former assistant secretary of defense. we're taking your calls on this issue. b.j., good morning. caller: good morning. my question is, who is joe kelly? why would brought well be sending...
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Nov 18, 2012
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bush and before that president ronald reagan. we have to talk about action. with what the president said, it sounded very logical. he said many of the right things. the one challenge i would have for the democrats, which is something that we have to -- they need to come to grips with it as well -- is that when i hear, for example, the president talking about immigration, we tend to talk about it as a onetime situation. we secure the border, and then we take care -- we have a path to legalization. we take care of the kids. we have a dream act. we have done it. that is only half of the job, maybe even less. the big challenge is where do we go from here? are our caps big enough? i will give you an example. in agriculture it takes four months to get a permit to work as a temporary worker because you have to go through agencies and bureaucracy. in for months, your harvest is gone. it does not work for the marketplace. i would like to hear the president talking about where the democrats are also willing to go in the future, and to think about this as an economic, s
bush and before that president ronald reagan. we have to talk about action. with what the president said, it sounded very logical. he said many of the right things. the one challenge i would have for the democrats, which is something that we have to -- they need to come to grips with it as well -- is that when i hear, for example, the president talking about immigration, we tend to talk about it as a onetime situation. we secure the border, and then we take care -- we have a path to...
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Nov 14, 2012
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ronald reagan did it with a democratic house after a resounding second term victory. as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that if republicans are not willing to do things his way he will not do anything at all. if the president is serious, he will follow the lead of president reagan and clinton. if he is really serious, he will put the campaign rhetoric aside, propose a realistic resolution that can pass a republican controlled house and a divided senate, and work to get it done. if the president acts in this spirit, i have no doubt he will have the support of his own party and a willing partner in hours. the american people will criticize of relief knowing not only that we have avoided a crisis, but tha
ronald reagan did it with a democratic house after a resounding second term victory. as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that...
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Nov 14, 2012
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reagan, the outsourcing of our jobs. there are a lot of people trying to live and $10 an hour while they are getting social security, medicare, taking out of their money, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving around the chairs on the titanic, but what really needs to be done is we need to repeal the trade agreement, look at taxing goods from china, and we need to get jobs back into this country, manufacturing jobs with wages people can live on and pressure for wages to go up. right now, the pressure is for wages to go down. you are fighting over what is less of the money coming in. host: let's go to the congressman. guest: this is an important issue that was fought over in the campaign. we need to support manufacturing in this country. i com
reagan, the outsourcing of our jobs. there are a lot of people trying to live and $10 an hour while they are getting social security, medicare, taking out of their money, and then they are told by people like paul ryan and mitt romney that that is an entitlement. to me, that is like more of a ponzi scheme if they take that away. getting back to the elephant in the room, until we start talking about structurally change in this country beyond fighting over taxes -- you can fight over moving...
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Nov 16, 2012
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ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on small businesses and entrepreneurs, reagan limited regulation and the result was one of the most extraordinary bursts of economic productivity our nation has ever seen. the fourth year of reagan's presidency was 1984, the same as the fourth year of obama's presidency. anyone know what g.d.p. growth was in 1984, 7.2%. our ideas work. their ideas don't. if you want growth, if you want jobs. if you want the 23 million people struggling to find work to get jobs, the answer is simple. you need growth and to get growth, you got to reduce and simplify the tax burden, reduce regulatio
ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing the hounds of regulators on...
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we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will w
we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there...
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Nov 14, 2012
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and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't have to have an increased. >> absolutely. >> very good, very helpful, a good history lesson there. let me do some housekeeping. when we finished tonight, we are going right outside the store for cocktails, chocolates, and cheese. tomorrow morning, breakfast is probably at 7:00 a.m. the program begins at 745. so you need to be in this room at 745 tomorrow morning. most important times tomorrow, if you're thinking about your schedule. another we lose some of you occasionally during the day, the task force starts at 10:15 a.m. we need everyone in this task forces because that's where the core work o
and ronald reagan was president and he said you have to pass the debt ceiling increase. and i went to the florida house and made a speech about how we have already used this credit card and we had to, you know, come to terms with the debt ceiling increase. and i voted for every debt ceiling increase from then on. >> democrat or republican. >> i don't like it, and it is a way to get some leverage. but the problem is not the debt ceiling increase, it was taking action so you don't...
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. >> ronald reagan and jack kemp -- the party of upward mobility, that didn't seem to be the republican party this year. now, maybe it was because of this very effective attack campaign against mitt romney and bain capital and 47% of all that stuff. but i think hispanics and asians -- and a lot of women, they didn't vote for the republican party not just if you are hispanic because you think their anti-immigrant, but because it doesn't seem like the kind of party that will create a country in which you are were going to have a chance to rise. it seems, by their own statement and also by the definition the democrats gave them, is a more exclusive thing. if republicans don't change that, their future is not good enough let me just say that it he would've been allowed to be out there a little bit more -- he was a jack kemp disciple. i think it's remarkable that we could reelect an african-american president with the name of barack obama at a time when you had almost 9% unemployment in the country was suffering economically. no that tells me something about who he was running against. i'm n
. >> ronald reagan and jack kemp -- the party of upward mobility, that didn't seem to be the republican party this year. now, maybe it was because of this very effective attack campaign against mitt romney and bain capital and 47% of all that stuff. but i think hispanics and asians -- and a lot of women, they didn't vote for the republican party not just if you are hispanic because you think their anti-immigrant, but because it doesn't seem like the kind of party that will create a...
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Nov 16, 2012
11/12
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you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax reform coming you saw in the recent presidential campaign we have a candidate running on the 20% rate and 25% rate you might think in washington that means we are going to end at 26.5 until you try to figure out how to pay for it, and the politicians will talk about rolling back loopholes but when you actually look at them that tax policy decisions that have been made about the depreciation and manufacturing and the energy industry all of which have significant constituencies behind them and all of which are difficult to address. islamic of course we haven't had a whole lot of folks at least i've heard of
you go back before president ronald reagan came to washington we have higher tax rates on the incomes savings and economists have been arguing for ever that it is the wrong way to go that it discourages, sitting and discouraging investment and overtime they've come down to the state to go back in the direction of putting heavier burdens. >> what about the notion. that's just a heavy left isn't it? stat it's exactly the same rhetoric and the same politics base broadening, lowering tax...
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Nov 17, 2012
11/12
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i covered ronald reagan for six years. and if you want to discuss it some more, i can tell what you i learned in those six years of covering the presidency. it with a lot different than than what i thought it was going to be. it became clear to me that to a large degree, it is a test of the president's will and purpose. to believe in a few big things, to stand steady against the swirl of political controversy, opinion, nowadays, that's certainly not true for the presidents in this book. polls, advice from counselors, all kinds of things that would drive a president away from his core convictions to not necessarily do what he believed in or what he really believed to be best for the country. this is a book about character, about 16 presidents from george washington to george w. bush who all in a moment of national crisis did what they in their hearts believe was the right thing for the country, who showed character. not necessarily what turned out to be right. think there's some decisions they made that i don't know i agree
i covered ronald reagan for six years. and if you want to discuss it some more, i can tell what you i learned in those six years of covering the presidency. it with a lot different than than what i thought it was going to be. it became clear to me that to a large degree, it is a test of the president's will and purpose. to believe in a few big things, to stand steady against the swirl of political controversy, opinion, nowadays, that's certainly not true for the presidents in this book. polls,...
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Nov 14, 2012
11/12
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we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking about earlier. this is opportunities here. this is opportunity for us as a country. if you look at the congressional budget analysis and joint tax committee analysis, what tax reform could mean in terms of macroeconomic impact and growth, all will lead to more growth, whether corporate tax reform or individual tax reform. >> right but if the president insists as he did last friday, this was fought over in the campaign and, fought over tax rates, rising tax rates, he didn't ice the words rates himself but jay carney, the white house press secretary said t
we haven't touched it since ronald reagan really. in 1986. bill clinton did raise the rate one point but we haven't done anything to touch our rate and reform our code. every other country, all of them have. taxes gone from 16% to 15%. you do business there. this flow of capital will follow countries that have more competitive environment and taxes are one of them. yes, we have to reform the tax code. when you do that, i will get more revenue. it is guaranteed. again, sort of as i was talking...
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Nov 14, 2012
11/12
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. >> good morning, and i begin john -- ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week, we're apt -- anticipating a busy travel season and men and women of tsa are standing ready to provide the most effective security in the most efficient way. we are anticipating over 24 million passengers traveling during the thanks giving holiday period. as you know, that create challenges and opportunities for the traveling public. especially those who travel infrequent i are. part of the reason is to encourage the infrequent travelers to visit the tsa website to understands the screening security process that will help the others in line deal with the longers lines as we usually see. it's been a busy and productive year for tsa as we focus on developing and testing and implementing a number of what we call risk-based security initiatives. things that are enables us to provide the most effective security and efficient way. risk-based security or rbs in the passenger screening context allows the tso two of whom you wil
. >> good morning, and i begin john -- ronald reagan national airport. as we look at the holiday fast approaching thanksgiving next week, we're apt -- anticipating a busy travel season and men and women of tsa are standing ready to provide the most effective security in the most efficient way. we are anticipating over 24 million passengers traveling during the thanks giving holiday period. as you know, that create challenges and opportunities for the traveling public. especially those who...
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Nov 13, 2012
11/12
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ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his nose at the other side and insisting that if republicans aren't willing to do things his way, he won't do anything at all. now, if the president's serious, he'll follow the leads of president reagan and clinton. if he's really serious, he'll put the campaign rhetoric aside, propose a realistic solution that can pass a republican-controlled house and a divided senate, and work to get it done. and if the president acts in this spirit, i have no doubt he'll have the support of his own party and a willing partner in ours. and the american people will breathe a sigh of relief knowing not only that we'
ronald reagan did it with a democratic-led house after a far more resounding second-term victory than president obama's, as did bill clinton, with a republican-controlled house and a republican-controlled senate after a more resounding second-term victory than president obama. both examples -- both of them -- illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected, by thumbing his...
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Nov 17, 2012
11/12
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CURRENT
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you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a coalition of labor and liberals saying no way. >> so, in the nitty-gritty before we get to entitlements. what if -- would it be better if we increase taxes on a larger group of people everybody making over 250,000 by a smaller amount or increasing taxes on a smaller group making more than a million and go up to 39.6%. what is more likely to happen? >> it's more likely to be the former than the latter. i must tell you jennifer, i don't much care, you have to get that revenue target. the president said 1.6 trillion. you probably end up compromising at 1.2 trillion from taxes. you have to figure out what yo
you need to be in had you a position and ronald reagan negotiated this way beautifulliy multiple times. boehner has to say this guy is crazy he will take us over the cliff and we have the worst possible case, we have to cut that deal. the deal at best is going to get half the republicans and a little more than haf the democrats. the president has to make sure he keeps his democrats in the tent because they are not going to be happy with some of the elements of change and we have seen a...
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Nov 12, 2012
11/12
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. >> bill: they say we're doing this in the legacy of ronald reagan. bull you know what. ronald reagan raised taxes five times. >> reagan would have no place in the current republican party given some of the things they did. grover norquist holds him up as an icon. grover is in a completely different place than he is on taxes. >> bill: why don't the media expose these people as the liars and hypocrites that they are? >> because they're fair and balanced. >> bill: so are we going over the fiscal cliff? >> i think we are. i think we are. for a couple of reasons. one, there's not a whole lot of time. it is six weeks from tomorrow to the start -- >> bill: they don't have any backbone. >> that's number two. number three 80 lame ducks who may not show up to vote. plus you've got this stale -- continuing stalemate on tax and spending policies and then on top of everything else, it is not really a fiscal cliff. it is a fiscal slope. it stays in place. they called it a cliff but the damage to the economy the real damage only happens if you expose it. >> bill: stan collender, check
. >> bill: they say we're doing this in the legacy of ronald reagan. bull you know what. ronald reagan raised taxes five times. >> reagan would have no place in the current republican party given some of the things they did. grover norquist holds him up as an icon. grover is in a completely different place than he is on taxes. >> bill: why don't the media expose these people as the liars and hypocrites that they are? >> because they're fair and balanced. >> bill:...
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Nov 19, 2012
11/12
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CURRENT
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ronald reagan said he was against term limits when he left office, because he felt in america people should be allowed to pick the leaders they want. >> caller: i believe they should have the term limits because really -- and i'm speaking to you in my point i cannot speak for hispanics, but the majority of black people are looking at this, and never since the gop is going through -- would we help them. >> john: it's true. and this is what a lot of moderate republicans keep screaming about, that they are marginalizing themselves by doing this. and making their party smaller ever year. thank you for your call. >> caller: thank you. >> john: let's play a clip. >> i find someone even as high-ranking, frankly as former president bill clinton to go and be the negotiator. we need a person of enormous prestige and influence so have these parties sit down together. we're crumbling all over the middle east. >> john: that was john mccain talking about how much work is needed to regain credibility. >> boy. that will hurt your head if you think about that too long. >> john: somebody should tell h
ronald reagan said he was against term limits when he left office, because he felt in america people should be allowed to pick the leaders they want. >> caller: i believe they should have the term limits because really -- and i'm speaking to you in my point i cannot speak for hispanics, but the majority of black people are looking at this, and never since the gop is going through -- would we help them. >> john: it's true. and this is what a lot of moderate republicans keep screaming...
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Nov 14, 2012
11/12
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FBC
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they're seriousbout loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than ♪ [ enge revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no mter which list you're on. [ santa ho, ho, ho ho! [ male announcer ] lease a 2013 c250 for $349 a montnth at your local mercedes-benz dealer. at your local ♪ you can help othersink along the way. ♪ ♪ a portion of every bottle th they sell goes to fight ♪ ♪ breast nc and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪o make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bott of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increes ] man: a few ihes of water caused all this? [ heart rate increases ] woman #2: but i don't even live near
they're seriousbout loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than ♪ [ enge revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no mter which list you're on. [ santa ho, ho, ho ho! [ male announcer ] lease a 2013 c250 for $349 a montnth at your local mercedes-benz dealer. at your local ♪ you can help...
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Nov 14, 2012
11/12
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FBC
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they're serious about loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than when he came in. we will have more after this. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate dude what? no, no, no. he's, he's on back about providing for his little girl. hey don't worry. e-trade's got a killer investing shboard. everything is on one page, your investments, quotes, research... it's like the buffet last night. whatever helps you understand man. i'm watching you. oh yeah? well i'm watchg you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. neil: did you take a look at caterpillar stock today? jpmorgan downgraded, cut the price target was widely considered a global economic
they're serious about loopholes, just like ronald reagan and come away believing that ronald reagan did you would rather get most than risk not getting any. things were a lot better than when he came in. we will have more after this. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. why? i thought...
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Nov 13, 2012
11/12
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but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple minded way to address taxes. taxes are about raising the necessary revenue to fund the minimum, i i effective governmet that does interfere with growth of private sector, to to so in such a way as to encourage the maximum growth of the private sector is where you get maximum revenue. neil: we're at this cliff, possibility, republicans are under pressure, president said, i'm not budging, -- he left open some details, but he certainly want toss raise taxes on the rich. i guess they can decide whether they will resurrect old rate or closing loophole, how would you feel if they closed loopholes, and cr
but i am also reminded of what ronald reagan taught us years ago, good polic makes good politics, john boehner needs to emphasis economic growth, is the way to get increed revenue. and there is two ways to -- two imperatives, dress down reduce, and discipline our government run among so there is confidence to grow in private sector then a tax system that accommodates that growth. you will dress a tax system of this country, from theoint of view of what is fair, have you taken the most simple...
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Nov 15, 2012
11/12
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ronald reagan said 80% is better than none at all. melissa: i'm melissa francis and here's what's "money" tonight. president obama goes for broke, calling for $1.6 trillion, in new tax revenues. probably not what businesses want to hear. will this doubling down derail a deal on the fiscal cliff? >> plus a salary that is as good as go. one montana lawmaker is demanding to get paid in gold coins. he is here to explain why in a fox business exclusive. >>> screw market prices. one gas station charges $3 more. $3 more per gallon than his nearby competitors. and it is is making a killing. the strategy is far more widespread than you might think. we have details on that coming up. even when they say it's not, it is always about money. melissa: all right. first the day's market headlines. a bad day for stocks just keeps getting worse. a news conference by president obama only amplified fears about the fiscal cliff and down to a 4-month low down 185 points. banks of america led the slide, closing down more than 3 1/2%. one bright spot, cisco s
ronald reagan said 80% is better than none at all. melissa: i'm melissa francis and here's what's "money" tonight. president obama goes for broke, calling for $1.6 trillion, in new tax revenues. probably not what businesses want to hear. will this doubling down derail a deal on the fiscal cliff? >> plus a salary that is as good as go. one montana lawmaker is demanding to get paid in gold coins. he is here to explain why in a fox business exclusive. >>> screw market...
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Nov 12, 2012
11/12
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FOXNEWS
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the republican party may talk about ronald reagan but they haven't embraced ronald reagan. america and ronal reagan, my father's vision of america is still there, what we are missing is ronald reagan. shannon: where are republicans missing the mark? >> my father was so inclusive in everything he did. he never smoke down to people. he spoke with people. he was somebody who was inclusive. i talked about it before on this show with the hispanic communities and females. this is as man who found areas of agreement and moved the ball forward. he didn't look for areas of disagreement and not most ball at all. i think the republican party can do well to learn from ronald reagan. i think it only place where you find people fighting for education, fighting for the grassroots of america really is at fox or talk radio. but you do not see it in the party leaders anymore. they are so busy paying attention to consultants they forgot the people of this country. we need to get back to actually representing the people, not representing the consultants. shannon: you talk about the fact that y
the republican party may talk about ronald reagan but they haven't embraced ronald reagan. america and ronal reagan, my father's vision of america is still there, what we are missing is ronald reagan. shannon: where are republicans missing the mark? >> my father was so inclusive in everything he did. he never smoke down to people. he spoke with people. he was somebody who was inclusive. i talked about it before on this show with the hispanic communities and females. this is as man who...
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Nov 12, 2012
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democrat just lost two elections in a row to ronald reagan. what did we do? we nominated michael dukakis who is a fine man but a liberal from massachusetts. it took three beatings for to us realize you have to make common cause of moderates. that is the internal struggle the republican have to go through. true to principle on fiscal issues but if they embrace the far right social agenda it drives off the young people and alienate single women and suburban women and you see it in the numbers. >> senator, in your state of indiana -- >> can i say one last thing? if i could just get -- if i could say one last thing. please continue to nominate people for public office talking about women being rap rapeed. >> won by only five points such a bad year. republicans should not kid themselves. republican lost 25 of 33 senate seats. republicans gained back the seats easy to gain back when no other new state at the presidential level. obama had a tough economy, glow gone from the first term, and all of that. republicans lost the national household by half a million votes.
democrat just lost two elections in a row to ronald reagan. what did we do? we nominated michael dukakis who is a fine man but a liberal from massachusetts. it took three beatings for to us realize you have to make common cause of moderates. that is the internal struggle the republican have to go through. true to principle on fiscal issues but if they embrace the far right social agenda it drives off the young people and alienate single women and suburban women and you see it in the numbers....
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Nov 16, 2012
11/12
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art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will both come in with their sides, their positions. there will be some sort of testing of the waters. we will see how responses are afterwards. we'll see aggressive play. then you will see which side starts giving in. we'll be following that in the next couple weeks. but obama has made it very clear, he believes he has a mandate but he really doesn't. he only got barely over 50% of the vote. reagan got 59% of the vote in his second term. the nixon won everything except massachusetts. so this is by no means a mandate. republicans still control the house. bill: let me be a little more speci
art laugher, former economic advisor to president ronald reagan with me today. art, good morning to you and welcome back. >> how are you, bill? bill: doing fine. thank you for your time. i look at some issues share with producers today. you say this is really serious and you underscore that. everybody considers it serious. you worked at the white house. you were in on these meetings. is this a forum for negotiation or is this -- what happens? >> it is a little talking to. they will...
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Nov 15, 2012
11/12
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you have to look at ronald reagan as well as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice, pro-day marriage and have fiscal responsibility and live within their means. jon: well, i mean to be honest, angela, the president campaigned on a platform saying i'm going to go back to the bill clinton tax rates and the wealthiest are going to have to pay more money and he won. >> but bill clinton worked with a republican congress and our economy was not in dire straits that it is right now. so if he really wants to go back to the bill clinton days he should go to the table and work with republicans. >> also you have to look taxes were historical high. one of the things they're talking about is trying to get
you have to look at ronald reagan as well as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice,...
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Nov 16, 2012
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reagan was with the blowing up of the u.s. marine in beirut. >> brian: was there conflict -- put it this way, let's compare what george bush did, the administration knew and what we found out on 9-11 compared to what we fine out in 9-11, 2012. within 24 hours we knew who did it. within a week or so we found out we were mobilizing against it. no one was conflict about who did the crime. no one said this was an internal attack, the towers fell down by themselves or an outrageous protest about our middle east policy. there was a movement together to get answers together where you had a movement that was totally fractured and a president who wouldn't answer any questions before the campaign. >> eric: let's take a couple months back, this was september 10, september 9, 8. remember we were talking president obama campaigning, instead of staying in the oval office getting intel briefings. remember, he houston, texas been to an intel briefing in months. everyone said don't worry action he'll get it on air force one or wherever he is.
reagan was with the blowing up of the u.s. marine in beirut. >> brian: was there conflict -- put it this way, let's compare what george bush did, the administration knew and what we found out on 9-11 compared to what we fine out in 9-11, 2012. within 24 hours we knew who did it. within a week or so we found out we were mobilizing against it. no one was conflict about who did the crime. no one said this was an internal attack, the towers fell down by themselves or an outrageous protest...